Disclaimer
Definition of "Disclaimer"
(1) Giving up an ownership claim to property. (2) Renunciation of a claim to real property.
Popular Real Estate Terms
Situation in which a purchaser acquires mortgaged property and continues to pay the mortgagee for the debt outstanding. Although the new buyer continues to pay the mortgagee for the debt ...
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Counter action by a defendant against a plaintiff. It is an independent action and just a denial of plaintiff's action. ...
An administrator appointed by the government or the courts to administer the laws relating to a government agency or court. A commissioner is a part of a government or court commission. ...
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The interest rate charged for a loan. For example, John obtained a $10.000 loan from the bank charging 10% interest. ...
A graduated payment mortgage (GMP) developed to overcome the negative amortization aspects of the GMP. The key to the FLIP mortgage is the use of the buyer's down payment. Instead of being ...
(1) Return of the principal invested in real estate. It excludes income earned. (2) Collection of a previously written off bad debt. ...
Comments for Disclaimer
I signed a disclaimer without knowing what it was at the time. Now I am getting a divorce and he is selling. Will i still get half the property value?
Apr 18, 2022 15:49:37Hey Pamela! Thank you for reaching out to us! When it comes to disclaimers, it depends solely on what is specified in the disclaimer and what isn't. For this situation seeing as we have very limited information related to your situation, we advise you to either contact a real estate attorney or a divorce attorney in order to figure out the best corse of action.
Apr 19, 2022 11:51:36Have a question or comment?
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